Benchmark (LON:BMK) Stock Price Down 18.8% – Time to Sell?

Benchmark Holdings plc (LON:BMK)’s stock price dropped 18.8% during trading on Tuesday . The stock traded as low as GBX 20.40 ($0.26) and last traded at GBX 20.80 ($0.27). Approximately 447,125 shares traded hands during mid-day trading, an increase of 111% from the average daily volume of 212,236 shares. The stock had previously closed at GBX 25.60 ($0.33).

Benchmark Price Performance

The business’s 50-day simple moving average is GBX 26.95 and its two-hundred day simple moving average is GBX 32.97. The stock has a market cap of £154.18 million, a price-to-earnings ratio of -3.90, a price-to-earnings-growth ratio of -19.62 and a beta of 0.69. The company has a debt-to-equity ratio of 33.02, a current ratio of 1.73 and a quick ratio of 1.41.

Benchmark (LON:BMK) last issued its quarterly earnings data on Wednesday, January 8th. The company reported GBX (5.99) (($0.08)) earnings per share for the quarter. Benchmark had a negative return on equity of 16.05% and a negative net margin of 43.67%. Research analysts expect that Benchmark Holdings plc will post 0.9566873 earnings per share for the current year.

Benchmark Company Profile

Benchmark’s mission is to enable aquaculture producers to improve their sustainability and profitability.We bring together biology and technology to develop innovative products which improve yield, quality and animal health and welfare for our customers. We do this by improving the genetic make-up, health and nutrition of their stock – from broodstock and hatchery through to nursery and grow out.
Benchmark has a broad portfolio of products and solutions, including salmon eggs, live feed (artemia), diets and probiotics and sea lice treatments.